Common use of Adjustments in Exercise Price Clause in Contracts

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares so purchasable immediately thereafter.

Appears in 31 contracts

Sources: Assignment, Assumption and Amendment Agreement (Generation Essentials Group), Warrant Agreement (Generation Essentials Group), Warrant Agreement (Black Spade Acquisition II Co)

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 24 contracts

Sources: Warrant Agreement (Mission Space Acquisition Corp.), Warrant Agreement (Atlas Growth Acquisition LTD), Warrant Agreement (Atlas Growth Acquisition LTD)

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 16 contracts

Sources: Warrant Agreement (Spring Valley Acquisition Corp. III), Warrant Agreement (Spring Valley Acquisition Corp. III), Warrant Agreement (Plum Acquisition Corp, IV)

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares so purchasable immediately thereafter.

Appears in 9 contracts

Sources: Warrant Agreement (AEI CapForce II Investment Corp), Warrant Agreement (Evergreen Corp), Warrant Agreement (Technology & Telecommunication Acquisition Corp)

Adjustments in Exercise Price. Whenever the number of Parent Class A ordinary shares purchasable Ordinary Shares issuable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Parent Class A ordinary shares purchasable Ordinary Shares issuable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Parent Class A ordinary shares Ordinary Shares so purchasable issuable immediately thereafter.

Appears in 3 contracts

Sources: Warrant Agreement (Fusion Fuel Green PLC), Warrant Agreement (Fusion Fuel Green PLC), Warrant Agreement (Fusion Fuel Green PLC)

Adjustments in Exercise Price. Whenever the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the applicable Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Company Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 2 contracts

Sources: Warrant Agreement (Satellogic Inc.), Warrant Agreement (Satellogic Inc.)

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest whole cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Israel Amplify Program Corp.)

Adjustments in Exercise Price. Whenever the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Company Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Satellogic Inc.)

Adjustments in Exercise Price. Whenever the number of shares of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A ordinary shares so purchasable immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Energem Corp)

Adjustments in Exercise Price. Whenever the number of shares of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Tavia Acquisition Corp.)